Groundwork

County profile · Virginia

Richmond city, VA market data

Population, household spending and competition for 56 business types in Richmond city, each scored against other counties.

Population, 2025
237,257
+4.6% since 2020
Households
104,321
Median household income
$64,587
+36.7% vs. 2015–2019, before inflation
Median home value
$353,000
Jobs located here
174,706
Highest market score
86
Landscaping and lawn care, #30 of 1,493 scored counties

A site report maps the competitors on map listings around any address in Richmond city by name and distance, and the households and spending within reach. Or open the report at the center of Richmond city. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

An estimated 237,257 people live in Richmond city, in 104,321 households. Population estimates put the population change in Richmond city from 2020 to 2025 at +4.6%, faster than the U.S. (+3.1%). The median household income in Richmond city is $64,587 a year, 20% below the U.S. median of $80,734. That rose 36.7% from the 2015–2019 survey, before inflation.

Set against the U.S., households in Richmond city spend the most on lawn care, cleaning and other household services (an index of 102, where 100 is the U.S. average) and the least on memberships, classes and admissions (72).

The highest Groundwork market scores in Richmond city are for landscaping and lawn care companies (86), pet grooming and boarding businesses (84) and pet businesses (84). Richmond city ranks #30 of 1,493 scored counties for landscaping and lawn care companies.

Richmond city is part of the Richmond metro area. For its number of households, Richmond city has the most map listings, relative to the U.S., for property management companies (53% above the U.S. rate) and the fewest for chiropractors (78% below the U.S. rate).

All 56 business types in Richmond city

Highest Groundwork market score first. Each score compares Richmond city with other counties for that business type, from 0 to 100. Spending per listing divides a whole spending line (all vehicle repairs, all eating out) by one type’s listings: the demand for each competitor, not a business’s revenue. Compare it across markets with its index, where 100 is the U.S. figure for the same type; the real estate types, whose line is all housing costs, show the index only. How the score works.

Every business type in Richmond city, VA, highest Groundwork market score first, with its rank among counties, listings, listings per 10,000 households, spending per listing and official establishments
Business typeScoreRank among countiesListingsPer 10k householdsSpending per listingSpending per listing vs. U.S. (100)Official establishments
Landscaping and lawn care86#30 of 1,493302.9$5M17139
Pet grooming and boarding84#26 of 1,461232.2$3.9M15411
Pet businesses84#37 of 2,200595.7$1.5M17435
Electricians83#28 of 1,160111.1$26.5M22135
HVAC and plumbing83#40 of 1,707413.9$7.1M15049
Lawn, cleaning and pest control82#43 of 1,771605.8$2.5M14993
Veterinarians82#64 of 1,485232.2$3.9M14418
Pet stores81#44 of 97490.9$10M2226
Home repair trades80#46 of 2,057888.4$3.3M13698
Optometrists and eye care80#49 of 1,302141.3$8.1M2577
Chiropractors79#62 of 1,490121.2$9.4M3936
Pest control78#37 of 699111.1$13.6M1336
Child care and preschools78#120 of 1,611413.9$1.1M11530
House cleaning72#90 of 847191.8$7.9M12348
Insurance agencies71#437 of 2,272989.4$2M16364
Nail salons69#170 of 1,328343.3$2.6M15814
Roofing and gutters67#214 of 1,177363.5$8.1M9614
Gas stations67#486 of 2,358908.6$2.6M11062
Physical therapy66#304 of 1,422373.5$3M12726
Car washes and detailing66#317 of 1,451252.4$3M1179
Pizza65#474 of 2,090625.9$6.1M120202
Funeral homes63#408 of 1,472151.4$681K1007
Dentists and orthodontists61#540 of 1,886827.9$1.4M14058
Collision repair and body shops55#554 of 1,327272.6$2.7M8914
Martial arts and dance studios54#550 of 1,334373.5$2M9926
Primary care and pediatrics54#712 of 1,656605.8$1.9M105129
Fast food and sandwich shops53#1,031 of 2,22213913.3$2.7M89202
Doctors, dentists and clinics49#1,241 of 2,39464962.2$174K114226
Bakeries and dessert shops47#1,048 of 1,88910610.2$3.6M8662
Laundromats46#439 of 785191.8$10.1M819
Grocery stores46#1,151 of 2,070817.8$7.5M8160
Mortgage brokers and lenders45#530 of 887403.8Index only9822
Gyms45#1,110 of 1,792858.1$871K6728
Clothing and shoe stores45#1,228 of 2,08719318.5$997K7870
Coffee shops and cafes44#1,260 of 2,06314814.2$2.6M6954
Convenience stores44#1,330 of 2,26110810.4$5.7M7299
Grocery and convenience stores44#1,430 of 2,40222721.8$2.7M79159
Tire shops42#990 of 1,530514.9$1.4M5813
Auto repair and car care42#1,581 of 2,40135634.1$207K77118
Clothing, shoes and laundry41#1,483 of 2,21027426.3$702K8092
Dry cleaners39#365 of 507151.4$12.8M8213
Yoga, Pilates and fitness studios39#582 of 777363.5$2.1M5128
Spas and skin care39#1,273 of 1,769908.6$1M11445
Gyms, studios and classes39#1,533 of 2,08815815.1$468K7154
Auto repair shops38#1,761 of 2,37824223.2$305K6980
Real estate agents and brokers36#1,829 of 2,17644142.3Index only64110
Barbershops33#1,053 of 1,356666.3$1.4M7212
Real estate32#2,020 of 2,22953050.8Index only67280
Restaurants and cafes31#1,998 of 2,4051,527146.4$248K67582
Salons, barbers and spas31#2,107 of 2,38548146.1$187K88167
Hair salons30#2,027 of 2,33928026.8$321K7596
Property management29#797 of 910484.6Index only58107
Sit-down restaurants29#2,094 of 2,40590486.7$419K63325
Home inspectorsNot scoredNot scored10.1Index onlyToo fewUnder 3
Oil change and quick lubeNot scoredNot scored10.1$73.8MToo few7
Urgent care and walk-in clinicsNot scoredNot scored10.1$112.7MToo fewUnder 3

Household spending in Richmond city

What households here spend in a year on each line, in total and per household, with the index against the U.S. average (100).

Annual household spending in Richmond city, VA by line, per household, and against the U.S.
Spending lineA year, all householdsPer householdIndex vs. U.S. (100)
Vehicle maintenance and repairs$73.8M$70874
Gasoline and other fuels$235.7M$2,26087
Food away from home$378.7M$3,63089
Groceries$610.4M$5,85193
Personal care products and services$90M$86386
Child care and other personal services$47.1M$45278
Memberships, classes and admissions$74M$70972
Medical and dental services$112.7M$1,08184
Pets$90.3M$86695
Clothing, shoes and related services$192.3M$1,84490
Vehicle insurance$200.3M$1,92098
Home repairs, maintenance and insurance$291.7M$2,79693
Lawn care, cleaning and other household services$149.8M$1,436102
Rent and homeowner costs$1.5B$14,72788

Household spending is estimated from the incomes of the households in each neighborhood, using what households at each income spent nationally in 2024, adjusted for the region. It counts what residents spend, wherever they spend it.

Population and households in Richmond city

Population, 2025 estimate
237,257+4.6% since 2020
Households
104,321
Median age
36.4
Homes lived in by their owners
44%
Vehicles per household
1.5
Land area
60 sq. mi.
People per square mile
3,827
Median household income
$64,587+36.7% vs. 2015–2019, before inflation
Average household income
$97,266
Median home value
$353,000
Jobs located here
174,706
Daytime population
296,295Residents who don’t work, plus everyone whose job is here

Looking at a specific site in Richmond city?

These figures cover the whole county. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the competitors on map listings by name and distance, for any of the 56 business types.

Or open the report at the center of Richmond city. Signed out, you see a blurred preview; on an account, each report is one action.

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Richmond city is part of the Richmond, VA metro area.

Questions

How fast is Richmond city, VA growing?

Population estimates put Richmond city at 237,257 people in 2025, up 4.6% since 2020, faster than the U.S. (+3.1%). It has 104,321 households. Against the 2015–2019 survey, median household income rose 36.7%, before inflation.

How much do households in Richmond city, VA spend?

Households in Richmond city spend about $1.5B a year on rent and homeowner costs, $610.4M on groceries and $378.7M on food away from home. Relative to the U.S., household spending in Richmond city runs highest on lawn care, cleaning and other household services (an index of 102, where 100 is the U.S. average) and lowest on memberships, classes and admissions (72).

Which business types have the highest market scores in Richmond city, VA?

Of the business types scored in Richmond city, landscaping and lawn care companies (86), pet grooming and boarding businesses (84) and pet businesses (84) have the highest Groundwork market scores. For landscaping and lawn care companies, that ranks #30 of 1,493 scored counties.

How does Richmond city, VA compare with the U.S.?

Median household income in Richmond city is $64,587, 20% below the U.S. median of $80,734. The population rose 4.6% from 2020 to 2025, against +3.1% for the U.S. The median home value is $353,000, against $332,700 for the U.S. Against the U.S., map listings per household run highest for property management companies (53% above the U.S. rate) and lowest for chiropractors (78% below the U.S. rate).

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. 53 of the 56 business types have a score in Richmond city, each ranked against other counties.

How can I see the market around a specific site?

Run a Groundwork site report on an address in Richmond city. It maps the competitors on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

All markets in Virginia · Every U.S. market · How we measure

Screening a site or an acquisition in Richmond city?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of Richmond city. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.